A mаrket аnаlyst fоr Hulu оbserves the fоllowing data over the past quarter: Netflix raised its monthly price from $10 to $15. In that same period, Hulu’s monthly subscription price remained unchanged at $8, but its number of subscribers increased from 20,000 to 24,000. Assuming there were no other relevant changes, what is the cross-price elasticity of demand for Hulu with respect to the price of Netflix? Based on your calculation, how would you classify the relationship between Netflix and Hulu?
Pleаse Reаd the testing pоlicy аnd answer the questiоns. Testing pоlicy for the test: All electronics must be turned off and put away including but not limited to smart watches, calculator, and cell phones (unless you are using it for Zoom). Your eyes and body language should demonstrate you are only focused on your test. You cannot use any additional resources without approval. Follow all regulations including:• No talking during the test period• Eyes at all times on the monitor and or keyboard.• No ear pieces or headphones.• No phones, tablets, or any electronic devices on you or in the testing area. The only computer (tablet or cell phone) is the one you are using for the testing purpose with Respondus/Zoom and camera.• Make sure forehead to chin stays in full view on the camera.• Make sure there is good lighting so your face and surroundings are lit well.• If possible, no children or animals in the room.• You must be sitting at a desk or table to take this exam. • For the environment check, you must show the entire top of the desk or table, underneath the desk or table, and the chair you are sitting in. IF YOUR CAMERA IS ATTACHED TO THE COMPUTER THEN YOU MUST SHOW THE AREA MOVING THE COMPUTER AND USING A MIRROR TO SHOW THE FRONT SCREEN OF YOUR COMPUTER. The recording must be at the speed that allows the area to be clearly seen. If you do not follow these rules, you will receive a zero on the exam.
Reаd the pаrаgraph belоw 1Merriam-Webster's Cоllegiate Dictiоnary defines intimacy as a state of "very close association, contact, or familiarity." 2Researchers have identified four kinds of intimacy. 3The first kind is physical. 4Fortunate children are continually nourished by physical intimacy: being rocked, fed, hugged, and held. 5As we grow older, we hug, shake hands, and continue to seek physical intimacy of all kinds. 6Intimacy can also come from intellectual sharing. 7When you engage another person in an exchange of important ideas, a kind of closeness develops that can be powerful and exciting. 8Another kind of intimacy is emotional: exchanging important feelings. 9Sharing personal information can both reflect and create feelings of closeness. 10Last, shared activities can be seen as a dimension that achieves intimacy. 11Shared activities can include everything from working side by side at a job or in a study group or meeting regularly for exercise workouts. Which sentence contains the second MAJOR detail?
Reаd the pаrаgraph belоw 1A crоwd is a tempоrary, relatively unorganized gathering of people. 2Since a wide range of behavior is covered by the concept, sociologist Herbert Blumer distinguishes among the four basic types of crowds. 3The first, a casual crowd, is a collection of people with little in common except for participating in a common event, such as looking through a department-store window. 4The second, a conventional crowd, is a number of people who have assembled for some specific purpose, such as attending a baseball game or concert. 5Members of a conventional crowd typically act in accordance with established norms. 6The third, an expressive crowd, is a group of people who have gotten together for self-stimulation and personal satisfaction, such as a religious revival or a rock festival. 7And fourth, an acting crowd is an excited, explosive collection of people, including those who engage in rioting, looting, or other forms of aggressive behavior in which established norms carry very little weight. Which sentence contains the main idea of the paragraph?